Creating
Broad-Based Prosperity: A Role for Young Leaders in Economic Development

Definitions:

Leader: One who possesses the ability to
create and communicate a clear vision that inspires others to follow or give
leadership in some way.

Leadership: To communicate people’s worth
and potential so clearly that they are inspired to see it in themselves.

Economic Development: Is the process by
which local economies create broad-based prosperity for residents and workers
through business expansion and investment, job creation, and public and civic
sector investment in the area’s development resource base. Economic growth, on
the other hand, refers to a quantitative increase in local economic output
(similar to GDP).